The American penny isn’t going anywhere anytime soon. The US Treasury Department announced Thursday that it plans to start winding down production of the one-cent coin it has been minting for ...

Why is the penny not going to be made? Trump's February announcement about the halting of the production of the penny stated it is being done as a cost-saving measure for the budget. Need a break?

Need a penny for your thoughts? You might want to start charging more. The U.S. government announced that it will soon halt production of the one-cent coin, citing ballooning manufacturing costs ...

With bipartisan support growing to end penny production, longtime collectors and small business owners say the coin still holds value.

The penny appears to be finally in its final throes after more than two centuries in circulation, with firm plans from the American government to phase out the copper-colored currency now in the ...

Change is coming for the penny as Treasury Department makes final order of the coin The U.S. Mint has produced the penny for 233 years.

The Mint expects that it will realize an immediate annual savings of $56 million by phasing out production of the penny, according to the Treasury Department.

Data from the U.S. Treasury shows that it costs nearly 4 cents to produce a single penny and nearly 14 cents to produce a nickel.

The US Mint has placed its final order of penny blanks and will stop producing the coin when those run out by early next year.

The Treasury Department is phasing out penny production by early next year after President Donald Trump ordered the government to halt the “wasteful” minting of the coins. The Treasury will ...

End of one-cent coins: Trump orders Treasury to stop minting pennies. How much copper is in a penny? Here's how much it cost to mint a penny.